A valuation model is presented to calculate price, hedge ratio, and implied volatility for forward starting European calls and puts. The model focuses on the numerical accuracy of the implementation.

The model calculates numbers that characterize the effect of adding an extra instrument to a portfolio of loan commitments. To be useful, these numbers should be additive with respect to the facilities making up the portfolio, so that their total would have the same meaning for the portfolio as each individual number has for the respective…[Read more]

La “profecía de Mar” de Jung: el materialismo académico impulsado por el escapismo extremo de los psicólogos materialistas
Pregunta de un periodista a Carl Jung: ¿Cree que, dentro de veinte años, a alguien le importará el espíritu de los símbolos, de lleno en la era de los viajes interplanetarios, con los Sputniks, los Gagarin y los Shephar…[Read more]

Pourquoi un sophisme est-il important ? Bouddha dit que « nous devenons ce que nous pensons ». Hier, je parlais à un diplômé philippin (je séjourne actuellement à Gneral Santos, aux Philippines). J’ai évoqué le principal argument martérialiste tel qu’expliqué par MIller et Thompson dans un article publié sur le site Web du NIH – Pubmed – qui affir…[Read more]

As the prominent social psychologists, Baumeister and Leary, point out, “Groups can share food, provide mates, and help care for offspring (including orphans). Some survival tasks such as hunting large animals or maintaining defensive vigilance against predatory enemies, are best accomplished by group cooperation…. Competition for limited res…[Read more]

Equity value at risk (VaR) model requires implied volatilities with respect to various indices and maturities, which range from three months to five years. A model is presented for generating a term-structure of implied equity index volatilities for use in calculating VaR.

Since 2016, the academic narrative emerging from the Zora Neale Hurston Festival of the Arts and Humanities in Eatonville, Florida, has increasingly relied on a public scholarship model to bridge the gap between institutional practice and community knowledge. Inspired by Zora Neale Hurston’s legacy as an interdisciplinary scholar, these a…[Read more]

A model is used to price a derivative whose payoff depends on returns over N periods on a shrinking basket of originally N assets. Each period, the worst return is added to the cumulative sum after being capped and floored, and the corresponding asset removed from the basket (hence a shrinking basket). The cap and floor rates are given for each…[Read more]

Credit value at risk (VaR) is used for measuring and analyzing credit risk of a portfolio. The basic methodology of the Credit VaR employs the credit migration approach spearheaded by RiskMetrics. It assumes that obligor’s credit quality is determined by the obligor’s asset value, which in turn is approximated by its standardized equity return.

Réfutation que “l’égoïsme” est la norme prédominante et qu’il n’y a que des “formes limitées d’altruisme”. Je veux dire que les bactéries ont une connectivité pour l’amour de Dieu !
1. En une seule journée de la bataille de la Somme pendant la Première Guerre mondiale, il y a eu 50 000 victimes dans l’armée britannique. – 50 000 victimes en…[Read more]

This essay examines three cases in which pentateuchal ritual law is employed in Ezra-Nehemiah and Chronicles: the Sukkôt celebration in Neh 8:13–18, Hezekiah’s Passover in 2 Chr 30, and Josiah’s Passover, in 2 Chr 35:1–19. These case studies reveal that the scribes responsible for Ezra-Nehemiah and Chronicles considered the ritual texts of the P…[Read more]

This paper presented at the Fourth International Conference and Industrial Exhibitoion on Dairy Science Park IV, Nov 1-5, 2017, Konya, Turkey, has reviewed the philosophy of Mevlana Jalal ud Din Rumi regarding love, tolerance, respect and spiritualism; appreciating each others and knowing the value of each other. Rumi (1230) told Iqbal (1930)…[Read more]

Dawkins Fallacy – False Premise
The statement, “However, as we shall see, there are special circumstances in which a gene can achieve its own selfish goals best by fostering a limited form of altruism at the level of individual animals.” Is a fallacy/false premise Historically, compassion and self-less behaviors are not a “limited form of alt…[Read more]

To belong in the Christian tradition, we must be able to contribute to it. Yet neurodivergent Christians have rarely been enabled to tell our own stories about ourselves as a vital part of God’s (neuro)diverse creation. In common with other autism research, academic theology is framed by pathologizing clinical paradigms of autism; neurodivergent p…[Read more]

This article explores how the priestly wilderness shrine functions as a monumental space in the sanctuary construction account of Exod 25–31, 35–40. It draws on spatial theory and studies of monumental architecture to identify five features of the tent of meeting that infuse it with monumentality: first, its significance in negotiating the pat…[Read more]

As the prominent social psychologists, Baumeister and Leary, point out, “Groups can share food, provide mates, and help care for offspring (including orphans). Some survival tasks such as hunting large animals or maintaining defensive vigilance against predatory enemies, are best accomplished by group cooperation…. Competition for limited res…[Read more]